Foreign Exchange

Hello, Mat. Do you have a website from which you conduct your business?

Hi Mat

I have a client who is waiting on a decision on a contract with a German company worth £1.5 million sterling but will be billing and receiving payment in euro's, could you be of any use as I have said that a euro account would be better and play the currency market.

Hello Everyone
My goodness I was not expecting such a great response. Ok you guys have come up with some good questions so I will do my best to answer.

Yes we have a website www.cambridgefx.co.uk in fact we have a huge in house IT department.

The way we work
I work from a live 3 second market place all the rates that I supply can and do change every 3 seconds. So for me to give you a price on the forum and for you to think you would get it would be wrong of me to let you think that. But at the time of 9.49am 15/04/05 the GBP to EUR rate was 1.4664.

Costs
Very simple its just the cost of the currency at the given exchange rate and £10 to send the money where ever you wish in the world. There are no hidden commissions or fees.

Savings
The good bits. As I said we only charge £10 to send money abroad some banks charge up to £35 and then there is the banks pathetic exchange rate. For example I had a client that changed 5K up and they saved £128. I also had a client that changed up 250k they saved £1432. And you don’t deal with a machine just me from start to finish.

Size of deals
There is no upper or lower limit but for the first deal I would say a minimum of 2K. But once I have built up a relationship with my clients if they need me to pull a favour here or there like “I was short on €200 on my invoice help me” I will go out of my way and see what I can do.

Timescale
Typically it a 48hr turn around from doing the deal to the funds being received in the beneficiaries account. But it can happen a lot quicker if needed.

Cash/Currencies
We DO NOT DO cash this is just a electronic funds service. We deal in all major and many exotic currencies.

I pride myself on being able to offer a customized service so no job is to small or difficult. Please get in contact if you have any questions.

Hi all
foreign-exchange-advice.info is a good advice site that gives you live rates and charts etc.